General Motors Company $GM Stock Position Increased by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. increased its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 2.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 322,580 shares of the auto manufacturer’s stock after buying an additional 6,677 shares during the period. ZWJ Investment Counsel Inc.’s holdings in General Motors were worth $24,839,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Evergreen Advisors LLC purchased a new stake in shares of General Motors during the first quarter worth $26,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of General Motors in the second quarter valued at $31,000. Burk Holdings LLC purchased a new position in shares of General Motors in the second quarter valued at $31,000. Premier Financial Group purchased a new position in shares of General Motors in the second quarter valued at $31,000. Finally, Elevation Wealth Partners LLC grew its position in shares of General Motors by 70.6% in the second quarter. Elevation Wealth Partners LLC now owns 464 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 192 shares in the last quarter. Institutional investors own 92.67% of the company’s stock.

General Motors News Summary

Here are the key news stories impacting General Motors this week:

• Positive Sentiment: Defense and autonomous-driving expansion: GM Defense unveiled a driverless Chevrolet Silverado 3500HD-based military vehicle for potential U.S. Army applications. The prototype highlights GM’s autonomous-vehicle and defense capabilities, although it is not yet a material revenue contributor. Chevy Silverado 3500HD Goes Driverless as GM Defense Reveals Its Latest Military Innovations
• Positive Sentiment: Battery investment and jobs: GM and LG plan to invest in next-generation lithium manganese-rich EV battery production at GM’s Spring Hill, Tennessee, complex, potentially creating about 500 jobs. The project strengthens GM’s domestic EV supply chain and battery capacity. General Motors Plans 500 New Jobs At Tennessee Battery Plant
• Positive Sentiment: Driver-assistance roadmap reaffirmed: CEO Mary Barra reiterated GM’s plan to launch “eyes-off, hands-off” driving technology by 2028, supporting the company’s longer-term software and advanced driver-assistance strategy. General Motors CEO Reaffirms Plan To Launch Eyes Off Driving Technology By 2028
• Neutral Sentiment: Earnings are the next major catalyst: GM is scheduled to report third-quarter results before the market opens on October 20. Analysts expect year-over-year earnings growth, while recent forecasts place full-year 2026 EPS near $13.5. Small upward estimate revisions provide support, but investors may remain cautious until the results and outlook are released. General Motors Likely To Report Higher Q3 Earnings
• Negative Sentiment: Near-term pullback and event risk: GM recently advanced while the broader market weakened, leaving room for profit-taking. With earnings approaching, investors may be locking in gains or waiting for confirmation that EV investments, autonomous-driving spending and margins are translating into stronger results. The latest articles do not identify a new fundamental negative surprise.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. TD Cowen reiterated a “hold” rating on shares of General Motors in a research note on Thursday, September 24th. JPMorgan Chase & Co. reduced their target price on General Motors from $120.00 to $110.00 and set an “overweight” rating for the company in a report on Monday. The Goldman Sachs Group upped their price target on General Motors from $103.00 to $112.00 and gave the company a “buy” rating in a research report on Tuesday, October 6th. Tigress Financial upped their price target on General Motors from $92.00 to $130.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 28th. Finally, Daiwa Securities Group increased their price target on shares of General Motors from $83.00 to $86.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $101.22.

Insider Activity

In other news, EVP Rory Harvey sold 8,882 shares of the business’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $86.95, for a total transaction of $772,289.90. Following the completion of the transaction, the executive vice president owned 28,513 shares of the company’s stock, valued at approximately $2,479,205.35. The trade was a 23.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary Barra sold 318,448 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $90.38, for a total transaction of $28,781,330.24. Following the completion of the transaction, the chief executive officer owned 428,994 shares in the company, valued at approximately $38,772,477.72. This trade represents a 42.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 549,665 shares of company stock worth $49,010,828. Company insiders own 0.44% of the company’s stock.

General Motors Stock Down 1.2%

GM opened at $83.02 on Thursday. The firm has a market capitalization of $72.84 billion, a P/E ratio of 6.68, a price-to-earnings-growth ratio of 0.46 and a beta of 1.40. General Motors Company has a one year low of $56.81 and a one year high of $91.85. The company has a fifty day moving average price of $84.48 and a 200-day moving average price of $81.00. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, topping the consensus estimate of $3.19 by $0.38. The business had revenue of $48.03 billion during the quarter, compared to analysts’ expectations of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%. The firm’s revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Equities research analysts expect that General Motors Company will post 13.54 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Friday, September 4th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, September 4th. General Motors’s dividend payout ratio (DPR) is 36.36%.

About General Motors

General Motors Company (NYSE:GM) is a global automotive manufacturer headquartered in Detroit, Michigan. Founded in 1908, the company designs, manufactures and sells cars, trucks and sport utility vehicles under brands including Chevrolet, Buick, GMC and Cadillac.

GM serves customers primarily in North America and also operates in international markets. Its business includes gasoline-powered and electric vehicles, commercial and fleet vehicles, vehicle financing through GM Financial, and connected-vehicle services such as OnStar.